2018 Delaware Code
Title 12 - Decedents' Estates and Fiduciary Relations
§ 4308. Territorial application.

Universal Citation: 12 DE Code § 4308 (2018)

(a) The rights and duties of a corporation and its transfer agents in registering a security in the name of a fiduciary or in making a transfer of a security pursuant to an assignment by a fiduciary are governed by the law of the jurisdiction under whose laws the corporation is organized.

(b) This chapter applies to the rights and duties of a person other than the corporation and its transfer agents with regard to acts and omissions in this State in connection with the acquisition, disposition, assignment or transfer of a security by or to a fiduciary and of a person who guarantees in this State the signature of a fiduciary in connection with such a transaction.

12 Del. C. 1953, ยง 4308; 54 Del. Laws, c. 141.

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